SCHRIJNWERKEN VAN HOVE: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
SCHRIJNWERKEN VAN HOVE
Largest movements
- Receivables within one year +€34,292
up €34,292 (+228%), from €15,033 to €49,325
of which Trade receivables: +€22,464
- Cash +€17,938
up €17,938 (+247,426%), from €7 to €17,946
mainly Trade debts (+€44,123) and Net result for the year (+€7,654)
- Stocks and contracts +€8,406
up €8,406 (+420%), from €2,000 to €10,406
- Deferred charges and accrued income -€3,765
down €3,765 (-17.5%), from €21,457 to €17,692
- Tangible fixed assets -€3,457
down €3,457 (-36.8%), from €9,388 to €5,931
of which Plant, machinery and equipment: -€2,344
- Trade debts +€44,123
up €44,123 (+260%), from €16,961 to €61,084
- Profit (loss) carried forward +€7,654
up €7,654, from -€1,112 to €6,542
- Tax, wage and social debts +€7,397
up €7,397 (+4,082%), from €181 to €7,578
- Short-term financial debts -€4,206
no longer reported in 2025 (was €4,206)
- Debts after one year -€3,176
down €3,176 (-46.3%), from €6,867 to €3,691
- Other operating charges -€3,574
down €3,574 (-81.0%), from €4,414 to €840
- Financial charges +€2,082
up €2,082 (+65.2%), from €3,195 to €5,276
- Gross operating margin +€1,705
up €1,705 (+10.6%), from €16,115 to €17,820
- Taxes +€1,644
up €1,644 (+1,032%), from €159 to €1,803
- Depreciation +€1,027
up €1,027 (+84.2%), from €1,219 to €2,245
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,885 | €101,299 | +€53,414 | +112% |
| Fixed assets | 21/28 | €9,388 | €5,931 | -€3,457 | -36.8% |
| Tangible fixed assets | 22/27 | €9,388 | €5,931 | -€3,457 | -36.8% |
| Plant, machinery and equipment | 23 | €5,202 | €2,858 | -€2,344 | -45.1% |
| Furniture and vehicles | 24 | €3,476 | €2,718 | -€759 | -21.8% |
| Other tangible fixed assets | 26 | €710 | €355 | -€355 | -50.0% |
| Current assets | 29/58 | €38,497 | €95,369 | +€56,872 | +148% |
| Stocks and contracts in progress | 3 | €2,000 | €10,406 | +€8,406 | +420% |
| Stocks | 30/36 | €2,000 | €10,406 | +€8,406 | +420% |
| Amounts receivable within one year | 40/41 | €15,033 | €49,325 | +€34,292 | +228% |
| Trade receivables | 40 | €7,842 | €30,306 | +€22,464 | +286% |
| Other amounts receivable | 41 | €7,191 | €19,018 | +€11,828 | +164% |
| Cash at bank and in hand | 54/58 | €7 | €17,946 | +€17,938 | +247,426% |
| Deferred charges and accrued income | 490/1 | €21,457 | €17,692 | -€3,765 | -17.5% |
| Total equity and liabilities | 10/49 | €47,885 | €101,299 | +€53,414 | +112% |
| Equity | 10/15 | €12,011 | €19,665 | +€7,654 | +63.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €6,923 | €6,923 | = | 0.0% |
| Distributable reserves | 133 | €6,923 | €6,923 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,112 | €6,542 | +€7,654 | |
| Amounts payable | 17/49 | €35,874 | €81,634 | +€45,760 | +128% |
| Amounts payable after more than one year | 17 | €6,867 | €3,691 | -€3,176 | -46.3% |
| Financial debts | 170/4 | €6,867 | €3,691 | -€3,176 | -46.3% |
| Amounts payable within one year | 42/48 | €29,007 | €77,619 | +€48,611 | +168% |
| Current portion of amounts payable after more than one year | 42 | €2,970 | €3,176 | +€206 | +7.0% |
| Financial debts | 43 | €4,206 | - | -€4,206 | |
| Credit institutions | 430/8 | €4,206 | - | -€4,206 | |
| Trade debts | 44 | €16,961 | €61,084 | +€44,123 | +260% |
| Suppliers | 440/4 | €16,961 | €61,084 | +€44,123 | +260% |
| Taxes, remuneration and social security | 45 | €181 | €7,578 | +€7,397 | +4,082% |
| Taxes | 450/3 | €181 | €7,578 | +€7,397 | +4,082% |
| Other amounts payable | 47/48 | €4,690 | €5,780 | +€1,090 | +23.2% |
| Accrued charges and deferred income | 492/3 | - | €325 | +€325 | |
| Non-recurring operating income | 76A | €202 | €28,588 | +€28,386 | +14,019% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,219 | €2,245 | +€1,027 | +84.2% |
| Other operating charges | 640/8 | €4,414 | €840 | -€3,574 | -81.0% |
| Gross operating margin | 9900 | €16,115 | €17,820 | +€1,705 | +10.6% |
| Operating profit (loss) | 9901 | €10,482 | €14,734 | +€4,253 | +40.6% |
| Financial income | 75/76B | €239 | - | -€239 | |
| Recurring financial income | 75 | €239 | - | -€239 | |
| Financial charges | 65/66B | €3,195 | €5,276 | +€2,082 | +65.2% |
| Recurring financial charges | 65 | €3,195 | €5,276 | +€2,082 | +65.2% |
| Profit (loss) for the period before taxes | 9903 | €7,526 | €9,458 | +€1,932 | +25.7% |
| Income taxes | 67/77 | €159 | €1,803 | +€1,644 | +1,032% |
| Profit (loss) for the period | 9904 | €7,366 | €7,654 | +€288 | +3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,366 | €7,654 | +€288 | +3.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.